International Trade and Multinational Activity
Autor: | Julian Emami Namini |
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EAN: | 9783540327196 |
eBook Format: | |
Sprache: | Englisch |
Produktart: | eBook |
Veröffentlichungsdatum: | 28.10.2006 |
Untertitel: | Heterogeneity of Firms, Incentives for Foreign Direct Investment, and International Business Cycle Dynamics |
Kategorie: | |
Schlagworte: | Firm Heterogeneity Foreign Direct Investments International Business International Business Cycles Trade theory |
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This study investigates the dynamic welfare effects of exposure to trade in a new trade model, which is extended by firm heterogeneity. It is analyzed under which conditions exposure to trade with firm heterogeneity increases or decreases steady state welfare of a country. It uses a new trade model to explore which country-specific conditions give rise to horizontal or vertical multinational activity. Finally, it combines the Heckscher-Ohlin model and a new trade model with horizontal multinational firms.